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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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Industry News

Tau says Cabinet-approved industrial strategy to be backed by implementation plan

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Trade, Industry and Competition Minister Parks Tau says the themes of decarbonisation, diversification, and digitalisation will now anchor South Africa’s Industrial Development Strategy, following its recent approval by Cabinet. Describing the strategy as a consistent and forward-looking policy during his Budget Vote address in Parliament on Tuesday, Tau said it would direct the country’s industrialisation agenda.

High Court makes landmark ruling that FMD vaccines may be privately procured, administered

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The Pretoria High Court has granted a landmark interim order that Foot-and-Mouth Disease (FMD) vaccines may be procured and administered privately, without State veterinary involvement. The court also interdicted Agriculture Minister John Steenhuisen from interfering in private commercial relations of those who lawfully import FMD vaccines into South Africa.

Zeda sees profit dip as rental business weighs on performance

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While buoyed by a solid performance in the leasing market, JSE-listed Zeda saw its profit for the six months ended March 31 dip as a lukewarm domestic economy, global headwinds and changing new-car market weighed on its rental business. Zeda said on Tuesday that its revenue for the first half of the financial year increased by 3.2%, to R5.5-billion, while operating profit was down 0.6%, to R841-million.

Informal land ownership a major issue globally, highlights World Bank

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Two-thirds of the world's assets are in land and buildings, highlighted World Bank global leader in land Mikka-Petteri Törhönen in a presentation at the XXVIII Congress of the International Federation of Surveyors (better known as FIG), at the Cape Town International Convention Centre. The total value of the assets concerned came to about $415-trillion.  But when it came to land, there was still a lot of "informal" land ownership -- that is, not formally registered and recorded with the authorities -- worldwide, he pointed out. 
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